Mid-Late
1980s |
- Pre-Colony: Thomas J. Barrack, Jr. oversees real estate-related investments for Texas financier Robert M. Bass
- Acquisitions include Westin Hotels & Resorts and American Savings
|
| Late 1991 |
- Barrack forms Colony coincident with acquisition of first multi-hundred million dollar RTC portfolio
- RTC sales process gains national attention
|
| Early-Mid 1990s |
- Colony forms first institutional investment fund
- Acquires $2.7 billion (book value) in distressed debt and distressed real estate-related assets through 1995
- Rapid dispositions through in-house asset management group produce exceptional returns
|
Late
1990s – 2007 |
- Colony raises eight global funds and multiple geographic-specific funds
- Investment scope broadens to include corporate transactions, international opportunities, strategic JVs and value-added investments
- Investment pace accelerates as Colony establishes new offices worldwide
|
| 2005 |
- Colony and three veteran real estate executives form Colony Realty Partners (CRP) to pursue value-added investments in the US
- CRP raises the first of three commingled funds totaling $1.9 billion in commitments and has since acquired approximately $4 billion in assets
|
| 2008-12 |
- In 2008, Colony raises $885 million dedicated Distressed Credit Fund in anticipation of opportunities emanating from credit market dislocation
- Colony executes some of the largest single transactions with the FDIC through its failed bank loan disposition program
- In 2009, formation and IPO of Colony Financial, Inc., currently a $600 million mortgage REIT
- Colony invests approximately $2 billion in distressed debt transactions from 2009-2011
|
